Published on 1 Feb 2023 on Insider Monkey via Yahoo Finance

12 Best Performing Cybersecurity Stocks in 2022

In this article, we will take a look at the 12 best performing cybersecurity stocks in 2022. You can skip this part and go to 5 Best Performing Cybersecurity Stocks in 2022.

Increasing number of cyber attacks are keeping governments and companies over the world on their toes. As companies move their digital assets to Cloud platforms, their anxiety around the security of their data is increasing. That’s why cybersecurity companies are continuing to see an increasing demand of their products from government and private sectors. According to a Bloomberg report published in November, Ivana Delevska, chief investment officer at Spear Invest, said that security is usually the last area to see budget cuts in the enterprise sector. That’s why the analyst thinks the cybersecurity domain is expected to keep growing despite recession fears.

“This constant underpinning of demand makes security a very attractive space, which is why people are getting in even though there’s so much uncertainty everywhere else,” Delevska reportedly said.